enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Foundation (United States law) - Wikipedia

    en.wikipedia.org/wiki/Foundation_(United_States_law)

    In exchange for exemption from paying most taxes and for limited tax benefits being offered to donors, a private foundation must (a) payout at least 5% of the value of its endowment each year, none of which may be to the private benefit of any individual; (b) not own or operate significant for-profit businesses; (c) file detailed public annual ...

  3. Non-profit organization laws in the U.S. - Wikipedia

    en.wikipedia.org/wiki/Non-profit_organization...

    If an organization is to qualify for tax exempt status, the organization's (a) charter — if a not-for-profit corporation — or (b) trust instrument — if a trust — or (c) articles of association — if an association — must specify that no part of its assets shall benefit any people who are members, directors, officers or agents (its principals).

  4. Private foundation (United States) - Wikipedia

    en.wikipedia.org/wiki/Private_foundation_(United...

    Until 1969, the term private foundation was not defined in the United States Internal Revenue Code.Since then, every U.S. charity that qualifies under Section 501(c)(3) of the Internal Revenue Service Code as tax-exempt is a "private foundation" unless it demonstrates to the IRS that it falls into another category such as public charity.

  5. Private foundation - Wikipedia

    en.wikipedia.org/wiki/Private_foundation

    A private foundation is a tax-exempt organization that does not rely on broad public support and generally claims to serve humanitarian purposes. [1] [2] [3]Unlike a charitable foundation, a private foundation does not generally solicit funds from the public or have the legal requirements and reporting responsibilities of a registered non-profit or charitable foundation. [4]

  6. FilmLA Seeks ‘Vast Expansion’ of California Tax Credit ...

    www.aol.com/filmla-seeks-vast-expansion...

    FilmLA Seeks ‘Vast Expansion’ of California Tax Credit, Citing Production Decline in 2023. Gene Maddaus. October 9, 2024 at 2:55 PM ... FilmLA is a non-profit public benefit corporation, which ...

  7. 501(c)(3) organization - Wikipedia

    en.wikipedia.org/wiki/501(c)(3)_organization

    A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code.

  8. 501 (c) organization - Wikipedia

    en.wikipedia.org/wiki/501(c)_organization

    Tax exemption does not excuse an organization from maintaining proper records and filing any required annual or special-purpose tax returns, e.g., 26 U.S.C. § 6033 and 26 U.S.C. § 6050L. Prior to 2008, an annual return was not generally required from an exempt organization accruing less than $25,000 in gross income yearly. [ 11 ]

  9. Will Newsom's expanded tax credit program save California's ...

    www.aol.com/news/newsoms-expanded-tax-credit...

    Under California's current tax credit cap, a handful of productions could get approved early in the year and take up most of the credits. "It was used up pretty quickly,” she said. "When it ...